CandleFocus

Here’s How High XRP Price May Reach if It Follows This Cup and Handle Pattern

According to market analyst Ali Martinez, XRP's price could potentially regain its recent peaks if a cup and handle pattern on the 30-minute chart follows through. XRP has been in a consolidation phase in February, facing resistance at $2.83. The recent rebound came after a pullback that formed the cup portion of a cup and handle structure. Despite a gradual pullback, Martinez believes a breakout from the handle pattern could lead to a significant upward push towards $3.35, representing a 25% increase. Another analyst, CryptoWZRD, has suggested that if XRP successfully breaks above $3.35, it could reach $4, marking a new all-time high.

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